Free Podcasts Explaining the Financial Crisis and Rescue Package

No one is going to disagree that the financial world is changing. But, where does a busy person turn for a basic AND in-depth explanation? We like the October 4 broadcast of This American Life. Download the podcast at itunes.com or at NPR. Do it before the October 11 podcast is posted and it’s free!

The podcast explains the commercial paper market, breaking the buck, how Lehman and AIG are related. About halfway through This American Life, experts ask and analyze the question: “Is it fair for me to be mad about the meltdown?”

Once you’ve got the background, check out the daily Planet Money Podcast here. Each episode is about 25 minutes long.